Monday, January 17, 2011

No citizens please

I guess I was a bit optimistic. Now you have to be a foreign investor to invest in Facebook.

I love it: the US securities laws excluding US investors from investing in a US company in the US. What will they think of next?


The comments are pretty classic as well - one of the guys seems to think, through some leap of logic, that Goldman offering the equity only to foreign clients somehow means that taxpayers are giving Facebook the money.

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